Technology — Musk's Twitter 'roller coaster'

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View Online Technology Technology The Big Story  Musk talks Twitter 'roller coaster' CEO Elon Musk discusses controversial changes at Twitter since taking over in the fall and offers an update on the company's financial situation. © Madeline Monroe/Getty Images/iStock  Musk told the BBC in a wide-ranging interview that the platform is "roughly breaking even" financially.   The financial woes for Twitter, which Musk purchased for $44 billion, escalated after an exodus of advertisers when his purchase was finalized.   Since then, most of the advertisers have returned, the BBC reported in the Wednesday story with Musk's interview.   The early issue with advertisers is only part of the ups and downs Musk has faced since the acquisition.   Twitter's changes under Musk — from peeling back content moderation measures to changing the platforms' blue checkmark process — have been met with a chorus of criticism from civil society groups, regulators, academics, Democratic lawmakers and, most recently, news outlets angered by Musk's new labels.    "It's not been boring. It's been quite a roller coaster," Musk told BBC about taking control of the company.   Asked if he had any regrets about buying the platform, Musk said the "pain level has been extremely high, this hasn't been some kind of party."   Musk's latest battle is a fight with several news outlets over labels Twitter attached to their accounts calling them "government funded media."    National Public Radio (NPR) on Wednesday said it would stop using Twitter after pushback over labels added to its account.    Read more in a full report at TheHill.com. Welcome to The Hill's Technology newsletter, we're Rebecca Klar and Ines Kagubare — tracking the latest moves from Capitol Hill to Silicon Valley. Did someone forward you this newsletter? Subscribe here. Essential Reads  How policy will be impacting the tech sector now and in the future: NPR says it's leaving Twitter National Public Radio (NPR) is quitting Twitter. The outlet announced on Wednesday morning it would let its accounts go dormant and no longer publish its work on the social media platform, citing a recent decision by CEO Elon Musk to label it as state-affiliated media. “We are not putting our journalism on platforms that have demonstrated an interest in undermining our credibility and the public's understanding of our …  Full Story Judge rules Dominion can't bring up Jan. 6 at Fox News trial A judge in Delaware has ruled that Dominion Voting System’s lawyers may not reference the Jan. 6, 2021 attack on the U.S. Capitol during next week’s blockbuster trial in its defamation suit against Fox News. Delaware Superior Court Judge Eric Davis ruled Tuesday during a pretrial conference that references to Jan. 6 could taint the jury’s view of the case and Dominion’s claims against Fox are not …  Full Story Jordan subpoenas FTC over its investigation into Twitter, Musk House Republicans have issued a subpoena to the Federal Trade Commission (FTC) for information related to the agency's investigation into Twitter, which GOP lawmakers argue has been used to "harass" the social media platform. Rep. Jim Jordan (R-Ohio), who chairs the House Judiciary Committee, issued a subpoena to FTC Chair Lina Khan on Tuesday, arguing the agency has not complied with previous requests for information from …  Full Story The Refresh  News we've flagged from the intersection of tech and other topics: Meta layoffs lead to morale decline  Mass layoffs at Meta is leading to a decline in morale at the social media giant, The New York Times reported. Austin startup working with NASA on robot Apptronik, a startup founded in 2016 at the University of Texas at Austin, is working with NASA to commercialize a humanoid robot, Nexstar affiliate KXAN reports. In Other News  Branch out with other reads on The Hill: Stiff EPA emission limits to boost US electric vehicle sales WASHINGTON (AP) — The Biden administration is proposing stiff new automobile pollution limits that would require up to two-thirds of new vehicles sold in the U.S. to be electric by 2032, a nearly tenfold increase over current electric vehicle sales. The proposed regulation, announced Wednesday by … Full Story What Others are Reading  Two key stories on The Hill right now: Five takeaways from the March inflation slowdown The consumer price index (CPI) fell to a 5 percent annual increase in March from 6 percent in February, the Labor Department reported Wednesday, dropping … Read more Arizona House votes to expel Republican lawmaker The Republican-controlled Arizona House on Wednesday voted to expel a GOP lawmaker from the state-level chamber after she invited a guest speaker before … Read more What Others are Reading  Opinions related to tech submitted to The Hill: Don't sacrifice the Fourth Amendment to ban TikTok   You're all caught up. See you tomorrow!  Check out The Hill's Technology page for the latest coverage. Like this newsletter? 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